Freestanding Medical
For Sale
$1,600,000
522 Lomas Blvd NE, Albuquerque, NM 87102
Purpose-built clinical layout with exam rooms, treatment areas, physician offices, laboratory space, and patient reception.
Property Size6,040 SF
Price / SF$264.90
Days on Market213
Property Features for 522 Lomas Blvd NE
General Information
Standard status
Active
Size
6,040 SF
Property subtype
Healthcare
Zoning
MX-T
Additional Details
Highway Access
Yes
Amenities
Power
Water
Sewer
Natural Gas
Building Details
Buildings
1
Listing Agency:
Hanna Commercial, LLC
Listed By:
Richard Hanna · License #9158
(505) 332-0522
Source:
Carnm.resimplifi
Added: Mar 16
Changed: Oct 6
Last Checked: Oct 12 at 4:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hanna Commercial, LLC
Investment Insights
Based on property information with market context.
This 6,040-square-foot freestanding medical building is organized for clinical operations, with a reception and waiting area, 8 exam rooms, 2 treatment and recovery rooms, and 2 private physician offices. The interior also includes a medical laboratory with prep space, a staff work area, a breakroom, and additional support areas. Two storage areas add 463 square feet outside the measured building area.
Positioned near Lomas Blvd NE and Interstate 25, the property provides access to major transportation routes serving the Albuquerque metro area. Lovelace Medical Center is located minutes away, placing the building near a concentration of medical services. MX-T zoning is also identified for the property.
Positioned near Lomas Blvd NE and Interstate 25, the property provides access to major transportation routes serving the Albuquerque metro area. Lovelace Medical Center is located minutes away, placing the building near a concentration of medical services. MX-T zoning is also identified for the property.
Key Highlights
- 6,040‑square‑foot freestanding medical building
- 8 standard exam rooms plus 2 treatment and recovery rooms
- 2 private physician offices and a medical lab with prep room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,235
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,604,700
$1.6M
Cap Rate 7%
$1,146,214
$1.1M
Cap Rate 9%
$891,500
$891.5K
Market Conditions
NOI Build-Up for 6,040 SF
Gross rent
$130.5K $21.60/SF
− Vacancy
−$23.5K −$3.89/SF
EGI
$107.0K $17.71/SF
− OpEx
−$26.7K −$4.43/SF
NOI
$80.2K $13.28/SF
Area
Albuquerque, NM
Vacancy
18.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,604,700
Cap Rate 7%
$1,146,214
Cap Rate 9%
$891,500
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,235 @ 7.0% cap · market cap 5.01%
Second Best
Healthcare Medical
$1.10M
$965.7K – $1.29M
NOI $77,256 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$1.46M
$1.28M – $1.70M
NOI $102,284 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,725
Businesses Nearby
Explore this area
Business Placement
Demographics for 87102, NM
20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical center - Purpose-built clinical layout with exam rooms, treatment areas, physician offices, laboratory space, and patient reception.
Where is this medical center located?
The property is located at 522 Lomas Blvd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 6,040‑square‑foot freestanding medical building; 8 standard exam rooms plus 2 treatment and recovery rooms; 2 private physician offices and a medical lab with prep room
